TMAC Resources Inc. T.TMR

Metals & Mining Industrial Metals & Minerals

TMAC Resources Inc is an industrial metals and materials company. The business acquires, explores, and evaluates mineral properties. Its lone business segment is Mining; this segment is engaged in the exploration and development of precious metal resources, primarily gold. The company generates the vast majority of its revenue in Canada. TMAC Resources' primary mine is located in Hope Bay, in the Kitikmeot region of the western Nunavut Territory. TMAC mines for gold resources and inferred minera

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TMAC Resources Inc. > Yo snow: Suppose for the moment that

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Comment by snowshoedbon Feb 13, 2020 11:50am

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Post# 30686254

RE:Yo snow: Suppose for the moment that

Sherm: They are in debt trouble. Financing was based on 90% recovery and so are NPV. They can't meet the baloon payment.

Ask yourself if youd be happy knowing that someone was pissing away your $20-32 million a year and as a result you will default on your debt. Get a grip on reality.

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